Turkcell Technology Becomes one of the Decision Makers in Europe's R&D Arena

Istanbul (ots/PRNewswire) - Turkcell , the leading
communications and technology company in Turkey is delighted to
announce that its fully-owned subsidiary, and one of Turkey's
technology centers, Turkcell Technology, has been elected into the
Board of Directors of a Cooperation Platform, namely ITEA 2. ITEA 2
was established in the interests of sustaining the competitive
capacity of R&D in Europe, and is capable of shaping the future of
the continent. In addition to Turkcell Technology, global technology
giants such as Nokia, Telefonica, Philips, Daimler, Siemens and Bosch
also have seats on the Board.

Turkcell Technology CEO Semih Incedayi commented: "We believe
that being unanimously elected to ITEA 2's Board of Directors, thanks
to Turkcell Technology's track record of success and efficient
participation in previous projects, and its technology knowhow is
invaluable for both our Company and the country. It is essential for
Turkcell Technology to play a decision-making role together with
Europe's leading companies in the R&D arena. Turkcell Technology
considers ITEA 2 Board membership to be a significant role undertaken
on behalf of Turkey itself. This membership provides us with a fresh
channel for new experiences enabling us to expand our country's
frontiers; while enabling us to carry out Turkey's strategic
priorities at this focused platform. We will thoroughly support the
promising projects of Turkish companies."

ITEA 2 supports pre-competition R&D projects in order for Europe
to maintain its leadership in the area of software-intense service
and systems. ITEA 2 is positioned under the umbrella of EUREKA, which
is a platform where market-oriented and easily commercialized
products and processes are supported in the European Union. ITEA 2 is
a cooperation platform, on which leading technology companies from
different sectors come together to transfer budgets and determine new
strategies, aiming to create the most competitive technologies in
Europe in response to Asia and North America. ITEA 2 offers fiscal
support for a certain percentage of the budget of projects approved
by the board of directors. The intellectual property of studies
realized within the scope of the project goes to the shareholders.
Meanwhile, established technology infrastructures are given to
participating companies. Turkcell Technology already has eight ITEA 2
labeled projects and executes the EU and Turkey consortium leadership
of certain projects.

About Turkcell Technology:

Turkcell Technology is among Turkey's leading R&D and innovation
companies. It was set up to develop competitive information and
communication technology (ICT) services and products. The seeds of
the company were sown with the establishment of Europe's
second-largest GSM operator, Turkcell. In 2007, the decision was
taken to build a technology park company to provide an optimum R&D
and innovation environment for Turkcell technical staff specialized
in ICT. In the same year, Turkcell Technology Research & Development
was founded in the TUBITAK-MAM Technology Free Zone (TEKSEB).

Turkcell Technology has been developing services and products in
the fields of network services and providers, SIM cards and terminal
solutions, mobile Internet, mobile marketing, multimedia
applications, business intelligence solutions and business support
systems.

Turkcell Technology successfully conducts its technology export
activities to the Commonwealth of Independent States, Russia, the
Middle East, Africa and Europe. It aims to become a world brand in
its field.

About Turkcell

Turkcell is the leading communications and technology company in
Turkey with 33.1 million subscribers and a market share of
approximately 54% as of March 31, 2011 (Source: Our estimations,
operators' and Authority's announcements). Turkcell is a leading
regional player, with market leadership in five of the nine countries
in which it operates with its approximately 60.4 million subscribers
as of March 31, 2011. Turkcell reported a TRY2.1 billion (US$1.3
billion) net revenue with total assets of TRY15.2 billion (US$9.8
billion) as of March 31, 2011. Turkcell covers approximately 83% of
the Turkish population through its 3G and 99.07% through its 2G
technology supported network. It has become one of the first among
the global operators to have implemented HSDPA+ and achieved a 42.2
Mbps speed using the HSPA multi carrier solution. Turkcell has been
listed on the NYSE and the ISE since July 2000, and is the only
NYSE-listed company in Turkey. 51.00% of Turkcell's share capital is
held by Turkcell Holding, 0.05% by Cukurova Holding, 13.07% by Sonera
Holding and 1.19% by others, while the remaining 34.69% is free
float.

Read more at http://www.turkcell.com.tr/en

http://www.turkcellteknoloji.com.tr

For further information please contact Turkcell
Nihat Narin, Investor and International Media Relations
Tel: +90-212-313-1244
Email: nihat.narin@turkcell.com.tr
investor.relations@turkcell.com.tr

http://www.turkcell.com.tr

ots Originaltext: Turkcell
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